Spruce Services
Latest round
- Series B
Last raised
- May 2022
Total raised
- $30M
Investors
- 7
About Spruce Services
Spruce Services, Inc.Founded in 2015 and headquartered in Austin, US, Spruce Services, Inc. provides a digital platform for chore management. and New Age Ventures.Spruce offers a comprehensive suite of services designed to facilitate chore management and cleaning for both residential and rental property clients. The core product is the Spruce App, which allows users to effortlessly book a range of cleaning services, including whole-house cleans, tidy-ups, and specialized requests for individual rooms. This service is targeted towards property managers of short-term and medium-term rentals, as well as individual residents seeking assistance with housekeeping tasks such as dish cleaning, laundry folding, and organization. Spruce's client base includes top property managers in high-end apartment communities, leveraging their expertise to ensure resident satisfaction and operational efficiency.Spruce generates revenue through a service-based model where clients, including property managers and individual residents, engage with the platform to book cleaning and chore-related services. The transactions typically occur on a per-service basis, where clients select and schedule specific cleaning tasks via the Spruce App. This structure enables flexible pricing based on the requested services, which may include options such as whole-house cleaning or targeted tasks like oven cleaning and carpet deodorizing. Spruce partners with vetted and insured service providers who perform the tasks, ensuring quality and trustworthiness in service delivery.In May 2022, Spruce Services, Inc. The company plans to enhance its product offerings and build new features within the Spruce App. Additionally, Spruce is looking to expand into new urban markets across the United States to capture a broader client base.
Who invested in Spruce Services
7 investors across 2 rounds
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Questions about Spruce Services
Who invested in Spruce Services?
Spruce Services has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spruce Services raised?
Spruce Services has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Spruce Services last raise money?
Spruce Services's most recent round on record is a Series B, in May 2022.
What does Spruce Services do?
Spruce Services is a consumer services company.
Where is Spruce Services headquartered?
Spruce Services is headquartered in Austin, US.
Which VCs invest in companies like Spruce Services?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer services companies at Spruce Services's stage. Their profiles are linked below.
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